Successfully transitioning new product concepts from research and development to production requires effective collaboration across the complete supply chain. In this presentation, we look at lessons learned to avoid potential pitfalls that might hinder new product introduction. Areas of discussion include tools, problem definition and communication. COVID-19 business impact is briefly reviewed.
- Which tools are better suited for new concept generation and which tools are better suited for operational excellence
- Techniques to find technology partners to support innovation programs
- Guidelines to determine when to use to use an open innovation approach vs an internal innovation effort